-The Hindu The Communist Party of India has proposed a national employment guarantee law, named after Bhagat Singh, and unemployment allowance, in keeping with the Opposition’s narrative of Joblessness to counter Prime Minister Narendra Modi’s pitch of national security. “Our fight is to defend the nation and the Constitution. Our fight is to defeat the forces of hate. We all want to be argumentative Indians, but Mr. Modi and his people have...
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Underemployment is the problem, not Joblessness -Alok Ray
-The Hindu Business Line The dismal quality of graduates is impacting the job market. But even high skilled workers are finding the going tough A big controversy has erupted over job creation under the Modi regime —in particular, over whether the unemployment rate in 2017-18 is, in fact, the highest in four decades as CMIE data as well as the officially undisclosed but reported in the press NSSO data seem to indicate. Further,...
More »The problem is jobs, not wages -Praveen Chakravarty
-The Hindu There is obfuscation over both the existence of a jobs crisis and the diagnosis of it It is well established that India is staring at a massive jobs crisis. Every single survey points to jobs as the biggest issue concerning voters, especially the youth. Yet, the Prime Minister and the government steadfastly refuse to even acknowledge this issue, let alone address it. India’s jobs crisis is an economic issue, not a...
More »Unemployment is a silent political killer and can catch the BJP off guard in polls -Yogendra Yadav
-ThePrint.in Unemployment can become big and yet remain undetected. Its impact can lead to a critical vote swing. Is unemployment going to be the silent political killer in this election? This must be our first question, as we limp back from heightened national security anxiety towards other regular concerns in this first week after the formal announcement of the 17th Lok Sabha elections. Every available evidence points to this possibility. But as...
More »Slowing Economy, Rising Joblessness -Subodh Varma
-Newsclick.in New GDP numbers show the deep agrarian crisis and an economy in doldrums, while unemployment continues to grow. Advance estimates of Gross Domestic Product (GDP) for the current year 2018-19, and estimates for the third quarter (Sept-Dec 2018) show unmistakeable signs of a slowing economy, despite the flawed method of calculating these estimates. The country’s economy will grow by 7% in the current year which will end this March. Last year...
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